April 9, 2024
admin
(20 second reading) Sula Vineyards announced that it has acquired N D Wines, a winery in Nasik district, and the deal will close by the end of April 2024. It reported its highest-ever revenue in the March quarter and the financial year 2023-24, growing at 10 percent year-on-year (YoY) in both.
Similarly, its premium brands also performed well, recording a 15 percent YoY growth during the reported quarter and year. Moreover, the wine tourism segment registered a growth of 31 percent YoY in the fourth quarter compared to the year-ago period, the wine maker said.
